While the Commonwealth Bank’s Belinda Allen thinks rates have peaked at 4.1 per cent, Ivan Colhoun, chief economist at National Australia Bank says another small rate increase may be needed. “Incoming Governor Bullock has said that decisions will be made month by month, completely based on data, which suggests that RBA meetings through quarter four (December quarter) could be ‘live’, dependent on data out turns.” ” Together we can get through the current challenges and show our customers why we deserve to be their trusted first choice.” Chief financial officer Vanessa Hudson will take the reins tomorrow and she has told Qantas staff in a video message that the airline will be focused  on winning back the trust of its customers. Ms O’Toole is hopeful that a new chief executive will see better treatment of staff. “The board has made a good decision in deciding to end Alan’s time a little early and give Vanessa an opportunity to come back in and really put her fingerprints on the airline.”

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• He will be replaced by the first female governor, Michele Bullock, later this month.

Thanks for joining us today and come back tomorrow when the latest economic growth figures are released. To leave a comment on the blog, please log in or sign up for an ABC account. Asana’s (ASAN) second-quarter fiscal 2023 results reflect growth in revenues, driven by a customer-base expansion on product launches. WESCO (WCC) signs an agreement to acquire Rahi Systems Holdings to expand its presence in the booming hyperscale data-center market.

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Receive the latest price and company information directly from the source. Freshly relisted after a four-month trading halt, LLI kicked off the first week of August with the news it has initiated a comprehensive exploration program at its recently acquired Hidden Lake project in lithium-rich Canada. Exports of goods fell 7%, the largest fall since June quarter 2014, as prices for energy commodities like coal and LNG continued to fall from the highs seen in 2022. The terms of trade fell 7.9% in the June quarter, largely due to declining prices for key export commodities. BHP chief executive Mike Henry said the world’s biggest miner still has “some ways to go” to create a safe environment for all female employees after the company recently saw a 20 per cent increase in reported sexual harassment. “There’s not much going on other than investors doing the mental arithmetic over whether the Federal Reserve will or will not continue to hike interest rates,” said Sam Stovall, chief investment strategist at CFRA.

And the Reserve Bank has kept official interest rates on hold at 4.1 per cent, prompting an Australian dollar sell-off, and the ASX has lost ground. MELBOURNE, Australia–Australia’s main exchange operator ASX Ltd. (ASX.AU) said its profit was up 10% in the first nine months of its financial year, helped by a rise in listings. We will focus on a shared vision for the future of Australian financial markets. We will earn trust by maintaining high standards of corporate governance in accordance with all applicable regulation, policies and procedures, and by delivering systems and processes that are stable, secure, reliable and fair.

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And not much sooner than that began that multiple spodumene-bearing pegmatite dykes were discovered at the project. • Major lithium exploration is now planned at Raiden’s Andover North and Andover South, Mt Sholl and Arrow projects. • The https://investmentsanalysis.info/ company announced its decision to acquire new lithium acreage in WA’s Pilbara, earning in on five new tenements alongside Western Exploration. But… we can tell you there were NINE 100%+ stonkers that month in the mining resources sector.

Markets coverage, company profiles and industry insights from Australia’s best business journalists – all collated and delivered straight to your inbox every day. It acts as a market operator, clearing house and payments system facilitator. It oversees compliance with its operating rules, promotes standards of corporate governance among Australia’s listed companies and helps to educate retail investors. One of the key features of the investor portal is the ability for users to personalise their experience by setting up personal watchlists and signing up to receive updates and newsletters. To offer this we need to create a unique profile for each user. WELLINGTON, New Zealand–Australian shares could join China in bear-market territory on Monday, after concerns about China’s economy, falling commodity prices and weak economic data out of the U.S. sparked fresh falls on g…

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We are committed to providing the world’s leading financial marketplace. The new ASX website is a significant step in upgrading the digital experiences for our customers. Log in to your existing MyASX account and go to your Watchlists. Click ‘Download my watchlists (csv)’ to download your watchlist in a .csv file. Your holding volume will change when an action is taken by an entity for the purpose of giving an entitlement to holders of a class of the entity’s securities. Examples of corporate actions include rights issues, bonus issues, dividends or other payments, or offers under a buy- back scheme.

Sign Up for Take Stock Investment news, stock ideas, and more, straight to your inbox. Investors are sending this little ASX mining share soaring higher today. Drilling down into the categories of exports, Australia’s income from metal Best time of day to trade forex ores and minerals exports fell 14.2% over the quarter. The ABS said the balance on goods and services decreased by $8 billion to $31.4 billion. Smaller company stocks also lost ground, sending the Russell 2000 index 2.1 per cent lower.

Asia’s Most Hated Stocks: Time to Be Contrarian?

“Having deemed the inflation outlook was in an acceptable position last month, there was little new data to spur the RBA into action in September.” And CreditorWatch is seeing the average size of company invoices declining and trade payment defaults rising slowly. AMP’s Shane Oliver says he thinks the RBA’s decision to leave rates on hold makes sense. Mr Colhoun thinks there will be little change to monetary policy under Michele Bullock.

Not all economists think the RBA is done with raising official interest rates. If you’re experiencing financial distress, there are a number of support services available for you to access. Most sectors ended in the red with utilities, energy, real estate firms, miners and banks among the losers. “The decision by Alan Joyce to stand down as chief executive officer of Qantas marks the end of one era and the start of a new one with both major Australian airlines led by women.

What’s next for commodity prices?

The Australian Bureau of Statistics (ABS) reports today that our ToT fell 7.9% in the June quarter. Analysts are still concerned about the potential for a recession, but those concerns have lessened as inflation cools and the economy remains resilient. Wall Street expects the Fed to hold its benchmark interest rate steady at its next meeting later in September, just as it did at its previous meeting. Investors are mostly betting that the central bank will maintain that pause through the rest of the year. Losses in industrial, health care and financial stocks were the biggest drag on the benchmark S&P 500. Information technology companies (down 1.5 per cent) were also among the weakest on the index as WiseTech (down 0.5 per cent), Xero (down 1.6 per cent) and Altium (down 4.4 per cent) all declined.

Qantas boss Alan Joyce has announced he will step down as chief executive tomorrow amid intense pressure on the airline over its performance. Australian Mines Ltd. engages in the exploration and development of mineral properties. Its projects include Sconi Cobalt-Nickel-Scandiu and Flemington.